Discover how IMS offerings can help customers better navigate the managed care market.

IMS PlanTrak^TM  provides product market share and volume data relating to third party payors and pharmacy benefit managers (PBMs).  Data is compiled from thousands of retail pharmacies at both the payor and plan levels.  More than 2,300 plans are reported, making it easier for customers to design the best approaches to this increasingly important market, validate managed care rebates and target the plans with the best potential.

Rapid response to market dynamics is critical during a product’s launch. IMS’s PlanTrak^TM Weekly is a plan-level prescription service that tracks the impact of managed care on new product rollouts – providing information in 14 days – and giving customers a significant leg up on the competition by alerting them quickly to changes in the marketplace.

Formulary Focus^TM  is a valuable planning tool that provides up-to-date, plan-specific information on product formulary status, cost indices, formulation restrictions and special prescribing requirements.

Mentor^TM  integrates core IMS managed care services into a relational data model, accessible through a software application.  Mentor goes beyond general reporting to analyze the managed care market, using selected decision criteria to help customers develop the customized, comprehensive insights they need to shape their strategies.

Understanding how various managed care plans pay for prescription drugs is an important strategic input that IMS can provide through IMS Retail Method of Payment^TM  – an offering that reports prescription data on all cash, third party and Medicaid transactions through retail pharmacies, and evaluates special contracts and promotions.